The Nigeria Social Insurance Trust Fund(NSITF) has been commended for the renewed determination to bring the elastic benefits of the Employee Compensation Scheme(ECS) to the doorstep of all Nigerian workers.
The commendation is contained in an address by the Vice Chancellor of the Nigeria Maritime University, Okerenkoko, Delta State, Prof. Emmanuel Munakurogha Adigio while addressing a team from the NSITF who came on a sensitisation and advocacy visit to the university.
Meanwhile, in line with the agreement reached with the Fund’s domestic unions at the conciliation convened July 10, 2023 by the former Permanent Secretary of the Ministry of Labour and Employment, Daju Kachollom , the 2023 management promotion examination exercise will take place from 3rd to 6th October, 2023.
A statement by the General Manager, Corporate Affairs of the NSITF, Nwachukwu Godson said Prof. Adigio applauded the new management team of the Fund for its visible commitment towards the actualisation of the Employee Compensation goals.
He said, “I am glad and impressed that you took the pains, time and risk to come this far to enlighten us. Your resolve, detailed presentation of the vast benefits of the scheme, how to access them and your account of traceable beneficiaries of the scheme around us, have shown the seriousness of your organisation.”
He extolled the management of the NSITF for its sensitivity to the needs of the nation’s workforce and promised to keenly study the scheme along with his team, with a view to enrolling the staff of the university as soon as possible. He further assured the NSITF that the university’s tender’s board would henceforth list the NSITF compliance certificate as a mandatory requirement for contract bidding.
The Managing Director of the NSITF, Barr. Maureen Allagoa was represented by Warri Branch Manager of the Fund, Mr. Erhire Joseph Ọghifo.
He led other members of the compliance team, comprising Okorodas Ebitimitula Priscilla, Omukoro Nelson, Dio Biripudigha and Edojah Solomon to the creeks, hosting the Nigeria Maritime University, Okerenkoko, said the NSITF has successfully keyed into the Renewed Hope Agenda of the Tinubu administration.
He stated that the fund as the key social security agency of the Federal Government has enormous role in lifting the lots of the workers of Nigeria.
“ We offer free occupational safety training to workers to eliminate hazards and promote productivity. We also meet the workers at their critical point of need – eventuality of accidents or even death in the course of work. We rehabilitate, we pay benefits and assist a worker get up on his feet again. And where the inevitable comes, we assist dependants, the bereaved family live beyond tears,” he said.
Oghifo further itemized increased productivity and industrial harmony as part of the benefits of the scheme listing a number of claims beneficiaries in Warri and the environs.
He explained that the advantages of the ECS over the repealed Workman Compensation Act (WCA) lies in the uniqueness of the ECS as a “no fault scheme”.
“The fund is determined to live down its past and pull along the nation’s workforce at a time no effort should be spared towards a fulfilling world of work.”
The visit coincided with the Maritime University’s Bursary Week.
In attendance were also the Registrar, Dr. Alfred T. Mulade, Dr. John Charly Igwe, Bursar, the Bursar of the Federal University of Petroleum Resources Effurun, Warri, Mr Garba Nabyi, and that of the University of Benin, Dr. Victor Imagbe.
The NSITF team distributed copies of its Establishing Act, fliers as well as answers to frequently asked questions about the Fund.
Similarly, in fulfilment of the agreement reached with the domestic units of the Association of Senior Staff of Banks, Insurance and Financial Institutions(ASSBIFI) and the National Union of Banks, Insurance and Financial Institution Employees(NUBFIE), the 2023 management promotion examination exercise will take place from 3rd to 6th October 2023.
Reacting to the development, the Managing Director, Barr. Allagoa said merit-based career progression is a sine qua non for boosting the morale of the workforce towards optimal productivity.
She assured of the determination of the management to re-engineer the operations of the fund to adequately play its role as the nation’s number one social security vehicle.
She also noted that despite challenges, she was leaving no stone unturned in taking every measure necessary to achieve efficient and resilient workforce.
Recall that the computer-based promotion examination for the non-management cadre had successfully taken place on July 28, 2023 across the 12 regions of the NSITF.
